Economy and commerce

Cambodia and Denmark have pledged closer economic cooperation to enhance tourism, trade and investment between the two countries, according to the Royal Embassy of Cambodia in Bangkok. ...

As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...

Cambodia began the fourth round of free trade talks with South Korea this week, as the Kingdom continues to embark on expanding regional integration with an aim to diversifying export opportunities. ...

Sihanoukville Special Economy Zone Co Ltd (SSEZ), the developer and operator of Cambodia’s largest industrial zone in terms of size and occupancy, on November 16 reiterated its interest in listing on the Cambodia Stock Exchange (CSX), tapping into the capital market to raise more funds. ...

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...

The Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum​ of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. ...

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...

Bilateral trade between Cambodia and the Republic of Korea was valued at $661 million in the first three quarters of this year, a year-on-year decrease of 15 percent. ...

The Cambodia Securities Exchange (CSX) is set to receive its first-ever initial public offering (IPO) approval application for a company to list on its Growth Board in more than five years since the secondary board was first launched. ...

The government is currently preparing policy and strategy that will promote the circular economy model to the business, investment and local environmental communities. ...

Business activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. ...

Clean Energy Week 2020 starts today with several events from now until November 19. The purpose is to engage and promote clean energy in Cambodia for sustainable development, economic productivity and innovation. ...

As the 2020-2021 harvest season kicks off, cassava prices in the powerhouse provinces of Preah Vihear and Tbong Khmum register a slight uptick compared to the same period last year. ...

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

Cambodia exported $14.1 billion worth of goods in the first nine months of this year, up 20.07 per cent from the same period last year, despite Covid-19’s production-chain disruptions and its impact on global demand, the Ministry of Economy and Finance reported. ...

The independent Phnom Penh-based think tank Asian Vision Institute on Monday called on the five inland ASEAN countries to consider setting up a regional rice-producing association to maintain food security in the region amid Covid-19. ...

Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...

The National Assembly on Monday approved the First Protocol to Amend the Agreement on Comprehensive Economic Partnership among Japan and Member States of the Association of Southeast Asian Nations (AJCEP – 1st Protocol). ...

Over 1.5 million units of Cambodian bicycles have been exported to foreign markets as of the third quarter of this year, generating nearly $400 million, according to figures from the Ministry of Commerce. ...

The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...

The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator. ...

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...